Matrix Fund: Shopping for Discounted Stocks

David Katz, head of Matrix Advisors Value Fund, sees good things ahead for big banks and the energy sector.

Last year's impressive stock-market returns have made for some frothy valuations. Value maven David Katz, however, isn't sitting on the sidelines.

The co-founder and chief investment officer at Matrix Asset Advisors believes being fully invested is key to growing wealth over the long term. Thus the $83 million Matrix Advisors Value Fund (ticker: MAVFX) has less than 1% of its portfolio in cash. Still, Katz says he's selective about...